Answer:
750
Explanation:
The number of units in finishing department at the end of the month shall be calculated as follows:
Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.
Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department
Number of units at the end of month=700-2,150+2,200
=750
The correct answer would be d
Answer:
$183,200
Explanation:
Given that,
Direct labor = $86,000
Total current manufacturing costs = $381,000
Manufacturing overhead is applied to production:
= 130% of direct labor cost
= 1.30 × $86,000
= $111,800
Total manufacturing costs = Direct material + Direct labor + Manufacturing overhead.
$381,000 = Direct material + $86,000 + $111,800
Direct material = $381,000 - $86,000 - $111,800
= $183,200
Therefore, the amount of direct materials used in production is $183,200.
Answer:
what is your question though? I don't understand
Answer:
TRUE
Explanation:
As the direct materials are introduced at the beginning of the process the only factors which are not completed are the conversion cost which are: labor cost and manufacturing overhead.
The equivalent units will be calculated using a 100% of completion in raw materials.
